A claim that the RBA has announced it is preparing for a nationwide recession is misleading. Image by Nikki Short/AAP PHOTOS ...

Australia's economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households. The economy grew just 0.3 per cent in the first quarter of ...

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch ...

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...

One of the nation’s top economic forecasters warns the next two years will be a grind thanks to higher unemployment and poor wage growth.

The March quarter national accounts from the Australian Bureau of Statistics (ABS) reported that the economy is sliding back into a per capita recession, with real per capita GDP falling by 0.1% in ...

Australia in the early 1990s was a country of boarded‑up shopfronts, for sale signs that lingered for months, and queues of job seekers clutching their résumés outside Centrelink offices. Mortgage ...

Australia faces recession risk from Iran war Know the news with the 7NEWS app: Download today “The longer this goes on, the ...

In a grim market update, HSBC chief economist Paul Bloxham has sounded the alarm on the potential of a recession as the economy cools. Australian Bureau of Statistics (ABS) figures released on ...